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Author Topic: Is Amazon Now Affecting Bitcoin?  (Read 780 times)

Online TomPluz

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Is Amazon Now Affecting Bitcoin?
« on: July 27, 2021, 12:53:36 PM »


The recent rumor that Amazon is soon to accept Bitcoin and probably other coins too into its platform can be one of the reasons why Bitcoin made some inroads upwards...but Amazon is now denying that it is true. However, they are not denying that Amazon is interested with this possibility and might already be exploring with its recent hiring of blockchain exports.

Do you see Amazon soon to be accepting Bitcoin or is this really just a made-up rumor with the intention to prop up Bitcoin? 


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Is Amazon Now Affecting Bitcoin?
« on: July 27, 2021, 12:53:36 PM »

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Re: Is Amazon Now Affecting Bitcoin?
« Reply #1 on: July 27, 2021, 07:22:56 PM »
It was actually a rumor but whether is true or not, there are indications that they have an eye on crypto as far as the growing demand for crypto payments are being welcomed by many organizations. Let just watch and see how things play out in near future.

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Re: Is Amazon Now Affecting Bitcoin?
« Reply #2 on: July 27, 2021, 11:41:29 PM »
Do you see Amazon soon to be accepting Bitcoin or is this really just a made-up rumor with the intention to prop up Bitcoin?
It is still a rumor, I am not sure if Amazon will be very easy to accept Bitcoin. There are many parties that will take a look at this rumor. Then, I believe the government will give a little pressure on Amazon if it really happens. Or this will end like Tesla case, they will accept Bitcoin temporarily and then they ignore it.


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Re: Is Amazon Now Affecting Bitcoin?
« Reply #3 on: July 28, 2021, 12:26:13 AM »
This is not excluded. Amazon may add bitcoin and some of the top coins in the future for use as a means of payment. Everything will depend on the growth rate of the popularity of the cryptocurrency. Amazon is not risking anything from this, they will only deduct certain interest for the use of their payment and other cards.

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Re: Is Amazon Now Affecting Bitcoin?
« Reply #4 on: July 28, 2021, 02:43:23 PM »
Whether Amazon accepts Bitcoin or not in the near future is yet to be verified but the fact that they are hiring a top blockchain person suggests that they might be looking into crypto someday also, whether it is Bitcoin or them making their own coin.
That said, I believe that whoever did this news was definitely trying to positively push bitcoins price up even though I can say that Bitcoins price is still doing good as of now after Amazon rejected the rumor. I believe that it seems Bitcoin is propping to bounce back in the coming months hence the steady of the price after the Amazon rumor rejection announcement. 

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Re: Is Amazon Now Affecting Bitcoin?
« Reply #5 on: July 28, 2021, 11:42:54 PM »
There has been a clarification for the spokesperson of Amazon that the news is not valid. They are not still accepting Bitcoin as their payment method. They are focusing on something others for the sake of the Amazon project development.
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Re: Is Amazon Now Affecting Bitcoin?
« Reply #6 on: July 29, 2021, 01:00:57 PM »
Is Amazon affecting Bitcoin now? Nor has Amazon yet been able to make any impact on Bitcoin. We all know that cryptocurrency can be used to buy and sell Amazon products for a short period of time. Amazon is a marketplace for all kinds of products that are traded in this market. Hopefully very soon Amazon’s impact on Bitcoin will affect Bitcoin prices.

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Re: Is Amazon Now Affecting Bitcoin?
« Reply #6 on: July 29, 2021, 01:00:57 PM »


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Re: Is Amazon Now Affecting Bitcoin?
« Reply #7 on: July 29, 2021, 10:17:54 PM »
PayPal accepts crypto, Ebay also accepts crypto, so Amazon won't stay out of crypto trend. Accepting crypto payments will allow Amazon to promote its brand, reach more users, and collect a large amount of crypto to diversify Amazon's assets.
In my opinion, Amazon's acceptance of crypto is only a matter of time.
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Re: Is Amazon Now Affecting Bitcoin?
« Reply #8 on: July 29, 2021, 11:31:07 PM »
Amazon is a big company in the world.
Everything about this company will always give impact highly. Like the news about accepting Bitcoin by Amazon.
We know that the news is not true and there has been a clarifitiocation. But at that day, because of the news, the price of Bitcoin can rise up until more than $40k
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Re: Is Amazon Now Affecting Bitcoin?
« Reply #9 on: July 30, 2021, 03:25:19 AM »
Amazon is A=>Z which is all you need is possible available in Amazon. Now, we can assume Crypto is possible to avail in Amazon in a matter of time. I agree as what @MrSpasybo said Amazon will go with the business trend. Official time will come on it.

 

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